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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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77-79 Chestnut St , Lynn, MA 01902
$1,690,000
Est. Payment: $3,755.56/mo
13 Bed
5 Bath
5368 Sqft
Status: Under Agreement | Days on site: 63
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C95263 - C8000525
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Amazing Investment Opportunity! Completely renovated in 2023, this turnkey five-unit property offers strong income potential and peace of mind for investors. Major improvements include a new roof, new siding, updated electrical systems, five new heating systems, five new water heaters, new windows, and numerous additional upgrades throughout. The property features an attractive unit mix consisting of three spacious three-bedroom apartments and two well-appointed two-bedroom apartments. Additional highlights include off-street parking, de-lead compliance certificates for all units, and low-maintenance ownership with significant capital improvements already completed. A rare opportunity to acquire a fully updated multifamily asset with excellent rental appeal and long-term investment value.
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Highlights

Listed by Eugene L. Clements , 978-998-9600 Clements Realty Group , 781-595-9600.

Property Type

Multi-Family
Lot/Acreage
0.13

Year Built

1900

County

Essex

Area

East Lynn

Listing ID

73535799

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:13
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Range, Refrigerator
Other:
  • ▪ Additional:Living Room, Kitchen
Water:Public

Exterior Features

Lot:Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
Garage Capacity:5
Zoning:R2
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 5
Principal Interest
$3,756
Taxes
$1,259

Home Price

$1,690,000

Loan Details

30 yrs
%

Down Payment

20%
$338,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,755.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,755.56 $1,258.92 $0.00 $5,014.47
Yearly $45,066.67 $15,107.00 $0.00 $60,173.67
Total $1,352,000.00 $453,210.00 $0.00 $1,805,210.00

Today's Rates

30 Year

0%

20 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lynn, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.